THE MANAGEMENT PLANNING FUNCTION Planning - is determining what needs to be done‚ when‚ by whom‚ how‚ and within what cost in order to achieve an objective. It is the work that a manager performs to predetermine a course of action. * Provides the means for achieving a purpose‚ makes the best use of resources‚ makes a manager’s work easier‚ encourages teamwork‚ and forms a base for control. It is based on assumptions‚ involves change
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Financial Policy at Apple – Case Analysis Apple had nearly $137 billion of cash at the end of Dec 2012. Over the past few years‚ the Company had been highly successful with the launch of the iPhone 3G in 2008‚ and which was followed by the launch of iPad in 2010. The Company enjoyed high profitability‚ and was able to keep its costs at a minimum. The gross margin on the iPhone was between 49% and 58% from October 2010 to March 2012‚ and the gross margin on the iPad was between 23% and 32% in the
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Investigation 11 Specific heat capacity Aim: Investigate to determine the specific heat capacity of a metal cube provided Apparatus: -thermometer -stirrer -water -calorimeter -beam balance -metal cube -beaker Procedure: Using the normal equipment for Thermal Physics investigations‚ you are required to design and carry out an investigation to determine the specific heat capacity of a metal cube provide by teacher. Furthermore‚ you will need to compare your obtained value with
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Southwestern University With the rising demands of a successful football pro gram‚ the campus police chief at Southwestern Uni versity‚ John Swearingen‚ wants to develop a 2-year plan that involves a request for additional resources. The SWU department currently has 26 sworn offi cers. The size of the force has not changed over the past 15 years‚ but the following changes have prompted the chief to seek more resources: · The size of the athletic program‚ especially foot ball‚ has increased. · The
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Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It is a systematic activity which determines when‚ how and who is going to perform a specific job. Planning is a detailed programme regarding future courses of action. It is rightly said “Well plan is half done”. Therefore planning takes into consideration available & prospective human and physical resources of the organization so as to get effective co-ordination‚ contribution &
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Capitalizing on Social Media Trends and Opportunities A key to business survival is capitalizing on popular cultural trends. Communication though social media websites like Facebook‚ MySpace‚ Twitter‚ and You Tube is the latest cultural phenomenon. Companies are now taking advantage of this external opportunity in an effort to reach new markets and communicate more effectively with current and potential consumers. The purpose of this activity is to explore this trend as a strategic opportunity
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Case Analysis: Apple Inc.‚ 2012 IBM introduced the personal computer into the mainstream in the 1980’s‚ after Apple pioneered the first usable “personal ” computing devices. By the early 1990’s‚ lower price and expanding capabilities drove the growth of “Wintel” (the windows OS combined with an Intel processor). The revenue growth continued through the early 2000’s then lowed over the next decades. The personal computer (PC) industry is in high dynamics‚ with new products emerging and old technology
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Summary: Reserve Margin Planning in a Wind-Hydro-Thermal Power System A detailed analysis for the power system operation planning is the foremost matter to keep the reserves margin. The reviewed journal paper includes the considerations on wind speed forecast uncertainties‚ system load forecast uncertainties‚ ramp rates of thermal units and spinning reserves. Also‚ instantaneous‚ fast and slow reserve margin at each hour of the planning period is analysed. Thermal plant is the dominator of power
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1950 which states: “All agreements are contracted if they are made by the free consent of parties competent to contact‚ for a lawful consideration and with a lawful object‚ and are not hereby expressly declared to be void.” Competency refers to the capacity of being an adult‚ having a sound mind and not forbidden by law to enter any contract (e.g‚ bankruptcy). This principle is based on section 11 of the Contract Act 1950 which provides that “every person is competent to contract who is of the age of
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Contents Introduction 2 Features of Apple Industry: 2 Evaluation of Steve Jobs as a strategic leader 4 Strategic Innovation 5 Recommendation 7 Conclusion 8 Reflection of our group work 9 References 12 Introduction As the first of the World’s Most Innovative Companies (Business week‚ 2010) and the 17th of the Best Global Brands (Interbrand‚ 2010)‚ Apple has succeeded in strategic leadership and innovation‚ which has drawn attention from the world recently. This essay focuses on some
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